Dave is Managing Geologist of the Pierce Points Daily E-Letter.
The world is seeing an unprecedented build-out in liquified natural gas (LNG) capacity. Look at the chart below, from energy advisors Point Carbon. In 2009,…
We've heard a lot the last year or two about the race to secure natural resources between Asian nations like China, Japan and Korea. Get…
I've been reviewing several new project opportunities this week, in both minerals and petroleum. It's got me thinking about genius. Good resource companies have some…
This just might be chart of the year. Chinese buying of U.S. government agency bonds. Data released last week show buying fell off a cliff…
It's hard to believe, but just ten years ago $2/mcf was a pretty good natural gas price. North American gas sold for around that level…
There's a lot of speculation these days about the gold price. One of the favorite theories is dollar weakness. The rising gold price is caused…
Platinum gurus Johnson Matthey published their 2010 Interim Review of the platinum market yesterday. A big event in that part of the mining space. The…
Big jumps in yields on U.S. Treasury bonds over the past week. Check out the one-year Treasury. Yields are up 30% since November 8. To…
Natural gas is a broken global market. For oil, there's enough import-export capacity worldwide that global prices tend to align closely. In natgas, global markets…
I've been saying for awhile that Asian coal is the place to be. Yet another indicator this week. Thai energy major PTT announced a deal…
I know I've been harping a lot about this, but the chart just keeps marching unbelievably upward. Over the last two days, open interest jumped…
China has started (slowly) selling its considerable stockpiles of base metals. The National Development and Reform Commission announced this week it sold just under 96,000…
Argentina. - U.S. producer Apache said Friday it plans to drill a well by year-end to test shale gas potential in the La Calera field of…
It's not going to be another Lehman. A failure of a bank or major corporation won't cut it anymore. Governments globally have shown they're willing…
It's official. The Bank of Japan today announced specifics for direct purchasing of Japanese exchange traded funds (ETFs) and real estate trusts (J-REITs). As part…
We're a few hours away from the Federal Reserve's expected announcement of more quantitative easing for America. The general expectation is the Fed will buy…
The U.S. bond market is murky these days. Yields have been plummeting. But some of the action is almost certainly due to the Federal Reserve…
Great chart from PFC Energy. Presented at an Institute of Energy Economics, Japan seminar last month. The piece shows the "red zones" in global unconventional…
Answer: both were quoted in the keynote speech last week by U.S. Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia, at the 13th Annual Energy…
We've all heard the lines about increasing global competition for natural resources. The world is not the same as it was ten or even five…